2-bed · 2,528 sqftMarina Wharf Tower 2, Dubai Marina · Ground floor · completed 2014

V04, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V04 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 3M24 December 2024
Current rentAED 120K /yr7 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V04, Marina Wharf Tower 2

What is V04 worth today?

Last sold for AED 3,000,000 in 2024

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24 Dec 2024SoldReady
AED 3,000,000AED 1,186 per sqft
7 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 48 per sqft
4 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 48 per sqft
15 Jun 2021RentedNew contract
AED 105,000/yr12 months · AED 42 per sqft
2 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 52 per sqft
2 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 52 per sqft
2 Jun 2009Sold by developerOff-plan
AED 3,200,000AED 1,265 per sqft

Source: Dubai Land Department. Updated 24 December 2024.

Key facts

Type
2-bed apartment
Size
2,528 sqft
Floor
Ground of 27
Parking
F1-08 , F1-09
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 42,700 /yr
Last sold
AED 3M · December 2024

About V04, Marina Wharf Tower 2

V04 is a two-bedroom apartment of 2,528 sqft on the ground floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 24 December 2024 for AED 3,000,000, or AED 1,186 per sqft, 13% below the AED 1,367 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 July 2023, is AED 120,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 42,700 a year.

Sales and rents for V04 over time

Sales
Unit V04, each saleTypical two-bed in Marina Wharf Tower 2
2M2009201420192024Typical sale price by year: 2009 AED 899,699; 2013 AED 1,083,500; 2014 AED 1,260,000; 2018 AED 1,182,000; 2019 AED 1,005,000; 2020 AED 800,000; 2021 AED 875,000; 2022 AED 1,000,000; 2023 AED 1,225,000; 2024 AED 1,700,000; 2025 AED 1,500,000; 2026 AED 1,500,000Sold by developer, June 2009: AED 3,200,000 (AED 1,265 per sqft)Sold, December 2024: AED 3,000,000 (AED 1,186 per sqft)

V04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit V04, each contractTypical two-bed in Marina Wharf Tower 2
75K100K125K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 82,500; 2023 AED 95,000; 2024 AED 113,000; 2025 AED 110,000; 2026 AED 100,000New contract, June 2019: AED 120,000 a yearRenewal, June 2020: AED 120,000 a yearNew contract, June 2021: AED 105,000 a yearNew contract, July 2022: AED 120,000 a yearRenewal, July 2023: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Wharf Tower 2, and where V04 sits

All 55 2-beds →

V04 last sold in December 2024 at AED 1,186 per sqft, 13% below what two-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,367). Over the last 12 months two-beds sold for AED 1,470,000 to 1,566,400, around AED 1,975 per sqft, and rent for AED 64,615 to 140,000 a year. V04's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jun 20261,500,000
16 Mar 20261,470,000
27 Feb 20261,566,400
23 Dec 20251,500,000
4 2-bed sales in the last 12 months

Marina Wharf Tower 2

Building

166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 7 sold in the last 12 months.

Typical price per sqft
AED 1,748
Typical sale
AED 1.5M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Wharf Tower 2, Dubai Marina: prices, sales and rents →

Other units on the ground floor

All 166 units in Marina Wharf Tower 2
Value
G-01StudioAED 613K · Nov 2012
G-021-bedAED 1.05M · Oct 2025
V013-bedAED 3.2M · Feb 2023
V023-bedAED 3.64M · May 2013
V033-bedAED 3.4M · Oct 2013
V052-bedAED 2.28M · May 2018
V062-bedAED 3M · Apr 2018

V04, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 2 June 2009 for AED 3,200,000, last on 24 December 2024 for AED 3,000,000 (AED 1,186 per sqft).
  • Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 105,000 in 2021 and recovered to AED 120,000 by July 2023.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 42,700 a year (AED 16.88 per sqft).
  • Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000–1,566,400 in the 12 months to November 2026; the building's median across all types is AED 1,748 per sqft.

Source: Dubai Land Department. Updated 24 December 2024.

Questions about V04, Marina Wharf Tower 2

What did unit V04 last sell for?

AED 3,000,000 on 24 December 2024: AED 1,186 per sqft for 2,528 sqft. The unit has 2 registered sales; the first was AED 3,200,000 in June 2009.

What is the rent for unit V04?

AED 120,000 a year on the contract renewed on 7 July 2023. The previous contract, from July 2022, was AED 120,000; the unit has been rented since June 2019.

How big is unit V04?

2,528 sqft (234.9 sqm): a two-bedroom apartment on the ground floor of a 27-storey tower completed in 2014.

What is unit V04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000 to 1,566,400 in the last 12 months, around AED 1,975 per sqft.

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Mortgage on V04, Marina Wharf Tower 2

Starts from the last sale price (AED 3M, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →